How to Place a Stop Loss on Tastyworks Mobile App

In today’s video we’ll learn how to place stop loss orders on the tastyworks mobile app. We’ll go through a few examples both with stock and options. A stop loss order can be used to manage positions that go against you. Closing a position automatically if hits a certain price. Within tastyworks you can use either stop market orders or stop limit orders. We’ll go through several different examples of certain situation where one would make more sense than the other.